Get Form For Hire Purchase

Filling out the Form For Hire Purchase online can simplify your application process for financing. This guide will provide you with step-by-step instructions on how to complete each section of the form accurately and efficiently.

Follow the steps to complete the form online

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Fill in the total equipment cost or financed amount in the designated field, ensuring it is the amount prior to GST. Indicate the tenure of finance and provide a description of the equipment, including whether it is new or used.
3. Under the company particulars section, enter the full legal name of your company, select the type of company (e.g., Sole Proprietor, Pte Ltd Co.), and provide the business address.
4. Specify the number of employees, both locally and overseas, and provide the nature of your business. Input the contact person's information, including phone number and email address.
5. Provide information about your existing banking facilities, including financier name, type of facility, credit limit or outstanding amounts, and the monthly installment.
6. Complete the financial figures section by entering details pertaining to secured amounts and the latest two years of financial accounts, including turnover, profit before tax, total assets, total borrowings, and shareholders' equity.
7. Submit the required documents, such as a confirmed quotation or sales order, registration of business, latest financial accounts, and bank statements.
8. If the operation location differs from the business address, input the operation address and indicate if the property is owned, mortgaged, or rented.
9. Fill out the section for all directors, partners, sole proprietors, or guarantors, including income tax returns, NRIC photocopies, and personal information such as name, employment year, and date of birth.
10. In the declaration section, confirm that the information provided is accurate, authorize the credit information retrieval, and agree to comply with the terms if the application is approved.
11. Finally, save your changes, and choose to download, print, or share the completed form as necessary.

Complete your Form For Hire Purchase online now to streamline your financing application.